Fidelity Bank undertakes ₦29.6 billion rights issue, ₦97.5 billion public offer

Fidelity Bank Plc (“Fidelity Bank” or the “Bank”) has concluded all necessary arrangements to raise a total of up to ₦127,100,000,000.00 (One Hundred Twenty-Seven Billion, One Hundred Million Naira) by way of a Rights Issue to existing shareholders and a Public Offer (the “Combined Offer”). The Combined Offer is a part of the Bank’s strategy to increase its share capital …

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Gospel Cinema International Brings the Love of God to Cinemas with Faith-Based movie CHAINS-No Longer A Slave

Popular Christian Word and Music Ministers like, Apostle Anselem Madubuko, Onos Ariyo, Solomon Lange, Chioma Odimba (Ccioma), Flora Solomon Lange, Apostle Tayo Christian, Naomi Mac Paladini, Anne Ekueme, Jayclef Adewale, Henry Ned, Gideon Ibeabuchi, all featured in a Gospel Cinema International’s ground-breaking faith-based movie, CHAINS- No Longer A Slave, written, produced, and directed by ace movie producer and director Bright …

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Socialists, CSOs back Governor Fubara on probe of Wike’s administration

…Charges Fubara to help state recover stolen funds, community lands   Coalition of Civil Society Organisations has declared support for the move by Governor Sim Fubara of Rivers State to probe the immediate past administration in the state. The CSOs in a statement by its convener, Comrade Declan Ihekaire, said probing the administration of Nyesom Wike will enable the state …

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Ex- Rivers Lawmakers in desperate moves to upturn court judgement- Group

…warns against plots to compromise the judiciary A civil society group, Society for Open Justice in Nigeria, has alleged a clandestine move by a faction of the Rivers State House of Assembly to upturn an interim injunction by a Rivers State High Court, restraining the pro-Wike Speaker of the State House of Assembly, Martin Amaewhule, and 24 other lawmakers from …

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Ganduje, Emir Bayero Not Responsible For Your Failure – Group Tells Kano Gov

The Arewa Leadership Foundation has advised Governor Abba Yusuf to redirect his attention to addressing the pressing needs of Kano State and its citizens rather than engage in personal vendetta. In a statement signed by Dr. Isa Abubakar, the group cautioned the Governor to stop seeing Alhaji Umar Ganduje and Emir Ado Bayero as his problems in delivering the dividends …

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Lagos Indigenes: “We’re Part And Parcel Of The South-West Region”

In response to the recent statements by De Renaissance Patriots Foundation, published on June 2, 2024, the Awori Heritage of North America has issued a strong rebuttal. They have categorically distanced themselves from the Foundation’s claims of representing Lagos indigenes regarding the proposed bill to reinstate regional governance in Nigeria. The Awori Heritage of North America clarified that, along with …

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FirstBank Exposure to Heritage Bank has been settled 

The Nigeria Deposit Insurance Corporation (NDIC) yesterday announced the commencement of the liquidation of the defunct Heritage Bank Plc, following the revocation of its operating licence by the Central Bank of Nigeria (CBN). The corporation said the move was in accordance with Section 55 sub-section 1 and 2 of the NDIC Act 2023, adding that depositors of the defunct bank …

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Lawyers applaud Gov Fubara’s remarkable performance on one-year anniversary

A Coalition of Lawyers in Nigeria under the aegis of Lawyers for Justice has rated Governor Siminalayi Fubara high on his first anniversary in office. In a statement signed by its President, Moses Okino, the group said it came to this conclusion after a comprehensive assessment tour across the state to evaluate the governor’s performance. According to Okino, the tour …

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Probing Rivers Ugly Past By Simon Peter

In examining the realm of governance and public resource management, one would agree that, accountability is a sacrosanct principle that serves as the bedrock of trust between the government and its citizens. However, in Rivers State, Nigeria, this fundamental principle appears to be under assault, as a plethora of allegations ranging from misconduct to malfeasance swirl around the former governor, …

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